Viemed Healthcare Announces First Quarter 2023 Financial Results

Written by Customer Service on May 8, 2023. Posted in Earnings Releases And Operating Results.

LAFAYETTE, La., May 08, 2023 (GLOBE NEWSWIRE) — Viemed Healthcare, Inc. (the “Company” or “Viemed”) (NASDAQ:VMD and TSX: VMD.TO), a national leader in respiratory care and technology-enabled home medical equipment services, today announced its financial results for the three months ended March 31, 2023. Operational highlights (all dollar amounts are USD): Net revenues attributable to the Company’s core business for the quarter ended March 31, 2023 were $39.6 million, a new Company record, and an increase of $9.4 million, or 31%, over the quarter ended March 31, 2022. Net revenues for the quarter ended March 31, 2023 were up approximately 6% over the quarter ended December 31, 2022. Net income for the quarter ended March 31, 2023 totaled $1.5 million. Adjusted EBITDA for the quarter ended March 31, 2023 totaled $8.3 million,...

Inspirato Announces First Quarter Financial and Operating Results

Written by Customer Service on May 8, 2023. Posted in Earnings Releases And Operating Results.

DENVER, May 08, 2023 (GLOBE NEWSWIRE) — Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the innovative luxury travel subscription brand, today announced its 2023 first quarter financial and operating results. Except as otherwise stated, all financial results discussed below are presented in accordance with generally accepted accounting principles in the United States of America, or GAAP. As supplemental information, we have provided certain additional non-GAAP financial measures in this press release’s supplemental tables, and such supplemental tables include a reconciliation of these non-GAAP measures to our GAAP results. The sum of individual metrics may not always equal total amounts indicated due to rounding. 2023 First Quarter Highlights: Solid Revenue Growth. Total revenue of $92 million for the first...

ARKO Corp. Reports First Quarter 2023 Results

Written by Customer Service on May 8, 2023. Posted in Earnings Releases And Operating Results.

Strong Quarter Led by Higher Merchandise Contribution and Acquisitions RICHMOND, Va., May 08, 2023 (GLOBE NEWSWIRE) — ARKO Corp. (Nasdaq: ARKO) (“ARKO” or the “Company”), a Fortune 500 company and one of the largest convenience store operators in the United States, today announced financial results for the quarter ended March 31, 2023. First Quarter 2023 Key Highlights1 Operating income for the quarter was $9.0 million, compared to $19.3 million in the prior year quarter. Net loss for the quarter was $2.5 million, compared to net income of $2.3 million in the prior year quarter. Adjusted EBITDA for the quarter was $47.5 million, a decrease of $2.6 million, as compared to the prior year quarter. Same store merchandise sales excluding cigarettes increased 7.6% for the quarter compared to 0.1% in the prior year period; same store...

NewtekOne, Inc. Reports First Quarter 2023 Net Income of $11.7 million, or $0.46 per Basic Share

Written by Customer Service on May 8, 2023. Posted in Earnings Releases And Operating Results.

Reiterated Previously Issued Earnings Forecast for the Full Year 2023 in a Range of $1.70 to $2.00 of Earnings per Share BOCA RATON, Fla., May 08, 2023 (GLOBE NEWSWIRE) — NewtekOne, Inc. (Nasdaq: NEWT), announced today its financial and operating results for the three months ended March 31, 2023. This is NewtekOne’s first quarter reporting as a financial holding company following the Company’s completion of its acquisition of National Bank of New York City (“NBNYC”) (renamed Newtek Bank, N.A.) and the withdrawal of its BDC election, on January 6, 2023. As a result, prior-period comparisons on both a sequential and year-over-year basis are difficult. NewtekOne now consolidates its results and no longer uses investment company accounting. When analyzing NewtekOne, we believe it is important to consider the...

Crew Energy Announces Q1 2023 Results Highlighted by 16% Higher Condensate Production Driving Record AFF Margins of 74%, Leading to Continued Net Debt Reduction

Written by Customer Service on May 8, 2023. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, May 08, 2023 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR; OTCQB: CWEGF) (“Crew” or the “Company”), a growth-oriented, liquids rich natural gas producer operating in the world-class Montney play in northeast British Columbia (“NE BC”), is pleased to announce our operating and financial results for the three month period ended March 31, 2023. Crew’s audited consolidated Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) are available on Crew’s website and filed on SEDAR at www.sedar.com. HIGHLIGHTS 32,963 boe per day1 (198 mmcfe per day) average production in Q1/23 neared the top end of Crew’s guidance range of 31,000 to 33,000 boe per day, slightly ahead of Q4/22 volumes. Crew realized 16% higher condensate production compared to the same period in 2022, illustrating...

Westport Fuel Systems Reports First Quarter 2023 Financial Results

Written by Customer Service on May 8, 2023. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, May 08, 2023 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport“) (TSX:WPRT / Nasdaq:WPRT) reported financial results for the first quarter ended March 31, 2023, and provided an update on operations. All figures are in U.S. dollars unless otherwise stated. Q1 2023 Highlights Revenues increased 7% to $82.2 million compared to the same period in 2022, driven by an increase of $4.5 million or 9% in our Original Equipment Manufacturer (“OEM”) business and $1.2 million or 5% increase in our Independent Aftermarket (“IAM”) business. Net loss of $10.6 million for the quarter, compared to net income of $7.7 million for the same quarter last year. The decrease in earnings was driven by the loss of equity income from the sale of our interest in the Cummins Westport Inc (“CWI”)...

Cardinal Energy Ltd. Announces Monthly Dividend for May

Written by Customer Service on May 8, 2023. Posted in Dividend Reports And Estimates.

CALGARY, Alberta, May 08, 2023 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) confirms that our May dividend of $0.06 per common share will be paid on June 15, 2023 to shareholders of record on May 31, 2023. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an “eligible dividend” for Canadian income tax purposes. About Cardinal Energy Ltd. Cardinal works to continually improve its Environmental, Social and Governance profile and operates its assets in a responsible and environmentally sensitive manner. As part of this mandate, Cardinal injects and conserves more carbon than it directly emits making us one of the few Canadian energy companies to have a negative carbon footprint. Cardinal is a Canadian...

Mueller Water Products Reports 2023 Second Quarter Results

Written by Customer Service on May 8, 2023. Posted in Earnings Releases And Operating Results.

Increased Net Sales 7.2 percent to $332.9 million Delivered Net Income and Adjusted Net Income per Diluted Share of $0.14 ATLANTA, May 08, 2023 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE: MWA) announced financial results for its fiscal 2023 second quarter ended March 31, 2023. In the second quarter of 2023, the Company: Increased net sales 7.2 percent to $332.9 million as compared with $310.5 million in the prior year quarter Generated operating income of $32.9 million as compared with $34.2 million in the prior year quarter and adjusted operating income of $33.6 million as compared with $34.8 million in the prior year quarter, resulting in an adjusted operating margin of 10.1 percent as compared with 11.2 percent in the prior year quarter Reported net income of $21.3 million as compared with $23.6 million in...

Oportun Reports First Quarter 2023 Financial Results

Written by Customer Service on May 8, 2023. Posted in Earnings Releases And Operating Results.

Grew revenue 21% year-over-year to $260 million Outperformed each guidance metric Implementing further expense optimization measures to provide additional $78M to $83M in annualized savings SAN CARLOS, Calif., May 08, 2023 (GLOBE NEWSWIRE) — Oportun Financial Corporation (Nasdaq: OPRT) (“Oportun”, or the “Company”) today reported financial results for the first quarter ended March 31, 2023. “Our first quarter results reflect the continuation of our successful efforts to fortify our business economics, streamline operations and grow member engagement”, said Raul Vazquez, CEO of Oportun. “Our credit tightening actions are continuing to prove effective as our charge-off rate declined sequentially by 70 basis points from the fourth quarter of 2022 and our back book from our originations made prior to July...

Ready Capital Corporation Reports First Quarter 2023 Results

Written by Customer Service on May 8, 2023. Posted in Earnings Releases And Operating Results.

– GAAP EARNINGS PER COMMON SHARE OF $0.30 –– DISTRIBUTABLE EARNINGS PER COMMON SHARE OF $0.31 –– DISTRIBUTABLE RETURN ON AVERAGE STOCKHOLDERS’ EQUITY OF 8.5% – NEW YORK, May 08, 2023 (GLOBE NEWSWIRE) — Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services small-to-medium balance commercial loans, today reported financial results for the quarter ended March 31, 2023. “Our lower-to-middle market multi-family focus provides safety from many of the secular and cyclical changes currently affecting the broader commercial real estate market,” said Thomas Capasse, Ready Capital’s Chairman and Chief Executive Officer. “The anticipated merger with Broadmark Realty Capital in May will provide...

Day: May 8, 2023

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